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Sep 18, 2012
09/12
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they need to feel they have support from the united states to wage the fight themselves. that doesn't mean we have to be deeply involved, but walking away is not the right answer. i understand the sentiment, but it's not the right answer. gerri: what is the right answer? what are the one, two, three steps that the united states should be taking today, right now? >> i think first of all, holing governments accountable for how their embassies -- how far embassies in the countries are treated, holding them accountable for what they say to their own people. the president of egypt was very slow to say anything critical of the demonstrations in his own country, and frankly, he's been ease -- espousing views of his own that somehow the united states was responsible for the world trade center bombing so i think we really need to say it's very important how governments behave, and it's very important what they do. i think we should be actively working to support those people in that part of the world who share our values and our interests. one of the problems in libya, in my opini
they need to feel they have support from the united states to wage the fight themselves. that doesn't mean we have to be deeply involved, but walking away is not the right answer. i understand the sentiment, but it's not the right answer. gerri: what is the right answer? what are the one, two, three steps that the united states should be taking today, right now? >> i think first of all, holing governments accountable for how their embassies -- how far embassies in the countries are...
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Sep 12, 2012
09/12
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>> well, the united states cannot afford to flee under fire. in libya, i think president obama's actually doing the right thing by sending in additional marines and maintaining our dip -- diplomatic presence. e just a minute -- egypt is another question, however. it's the accountability at best that the egyptian government was negligent. the idea that the united states has to subsidize governments like this is a question which many people ask back in washington. gerri: michael, we are subsidizing that government. as a matter of fact, we decided to forgive a billion of debt they owe us. >> well, one of the big policy questions that's looming over the horizon is whether egypt is too big to fail much since the arab sprang began, egypt lost more than two-thirds of the hard currency reserves. initially, the arab spring was about economics, accountability, corruption. it's clear that islamists have hijacked it. they were caught by as much surprise as the united states has. the question is if we keep subsidizing the egyptian government, do we, in effe
>> well, the united states cannot afford to flee under fire. in libya, i think president obama's actually doing the right thing by sending in additional marines and maintaining our dip -- diplomatic presence. e just a minute -- egypt is another question, however. it's the accountability at best that the egyptian government was negligent. the idea that the united states has to subsidize governments like this is a question which many people ask back in washington. gerri: michael, we are...
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Sep 27, 2012
09/12
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but she is ignorant of the fact that the united states has the most progressive income tax program in this country. while the poor people in america have the lowest tax burden of any industrialized country, we are already soaking the rich a little bit more, and it's not going to solve the problems of america. ashley: very quickly, what about the nonpayers issue? >> we need non-fundamental tax perform. the tax code is always protecting the poor. but now we are protecting the middle class from income tax as well. ashley: that it's interesting stuff. scott, thank you for joining us. we really appreciate it. coming up, find out where consumers are putting their money these days and he is under fire for a 14% tax rate. but anything that romney can do, you can do, too. we have these tax tips after the break. when we got married. i had three kids. and she became the full time mother of three. it was soccer, and ballet, and cheerleading, and baseball. those years were crazy. so, as we go into this next phase, you know, a big part of it for us is that there isn't anything on the schedule. less
but she is ignorant of the fact that the united states has the most progressive income tax program in this country. while the poor people in america have the lowest tax burden of any industrialized country, we are already soaking the rich a little bit more, and it's not going to solve the problems of america. ashley: very quickly, what about the nonpayers issue? >> we need non-fundamental tax perform. the tax code is always protecting the poor. but now we are protecting the middle class...
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Sep 29, 2012
09/12
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states but is lower and lower. this is not a place for companies want to come. lori: what should we be spending in regulatory costs given are lackluster pay? >> it's going to get worse before it gets better. the administration's different after the election and an enormous amount of regulatory activity. the right thing to do is actually just sort of stop issuing new regulations for a while. take a timeout. then put in a system where if you want to add a regulation something else has to go. you're forced to pick and do it wisely. certainly congress there is no escape. we're hurting the economy. unless we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at somet
states but is lower and lower. this is not a place for companies want to come. lori: what should we be spending in regulatory costs given are lackluster pay? >> it's going to get worse before it gets better. the administration's different after the election and an enormous amount of regulatory activity. the right thing to do is actually just sort of stop issuing new regulations for a while. take a timeout. then put in a system where if you want to add a regulation something else has to...
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Sep 25, 2012
09/12
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>> pretty much, i think no one really fears the united states in that region. they have basically discounted the american president and he goes to the united nations and says that bashar al-assad -- he said that 13 months ago, he is still saying the same things about syria. we have done nothing about this eerie intensity and things are what they seem to us. cheryl: one thing he has done with the issue of syria, he has put hillary clinton as the face. mostly she is not going to be a secretary of state. do they know that in the muslim world? do they see her as a credible person? >> i'm glad that you took us there. secretary of state quinten stop in south africa and there was a scene of her cutting a rug on a dance floor in south africa. people look at this as ridiculous. secretary clinton has been running the clock on the syrian people. we do nothing about syria. if we do want to help them, we would on them. we went with them. we would come to the rescue. we just want them to wait. cheryl: but maybe the russians to that, doctor. maybe the russians are stepping in
>> pretty much, i think no one really fears the united states in that region. they have basically discounted the american president and he goes to the united nations and says that bashar al-assad -- he said that 13 months ago, he is still saying the same things about syria. we have done nothing about this eerie intensity and things are what they seem to us. cheryl: one thing he has done with the issue of syria, he has put hillary clinton as the face. mostly she is not going to be a...
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Sep 12, 2012
09/12
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>> i think the greatest threat to the united states in 10 states is the economy. if you don't fix the economy, nothing else counts. everything is collateral damage. there is no money for defense for intelligence. no money for foreign aid. first, fix the economy. reagan understood that in 1980. we had a far worse economy than we have now and he turned the economy and now we first need to fix the economy and then realize the threat is in nuclear iran and the long-range threat is an assertive militaries china. gerri: i wanted to address the comments from leon panetta about the book by a navy seal recounting takedown of the modern. >> i think we have to take steps to make clear to him and the american people that we are not going to accept this kind of behavior. gerri: they are going to punch this guy? really? >> the guy should've cemented the book. i had to do things in a row. however, i've read that book but there is nothing in there that revealed sources. i have to say, it is pretty rich to watch a member of this administration. this is an administration that has l
>> i think the greatest threat to the united states in 10 states is the economy. if you don't fix the economy, nothing else counts. everything is collateral damage. there is no money for defense for intelligence. no money for foreign aid. first, fix the economy. reagan understood that in 1980. we had a far worse economy than we have now and he turned the economy and now we first need to fix the economy and then realize the threat is in nuclear iran and the long-range threat is an...
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Sep 24, 2012
09/12
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back in the 1970's and the united states the government spends and regulated too much. when the economy slow down, the federal reserve at the time lower interest rates and tried to choose the economy. what we ended up with was inflation and slow growth. the fed cannot create jobs. all it can do is create money. eventually if you create too much money you create inflation, and that will harm the economy in long run. i sure hope we don't have qe for. cheryl: you can believe that they're going to bring up inflation if it rears its ugly head commanded by peace center. thank you very much. good to talk to you always. >> thanks. cheryl: we want to know what all of you think. here's a question. the best way to reduce the deficit? higher taxes, spending cuts, or both? log onto gerriwillis.com and on the right hand side of the screen. ellis said the results of the end of tonight's show. meanwhile, that same survey of business economists shows that obamacare will not bring down costs. fat, they say it will severely hurt the economy in the long run. elizabeth macdonald here with t
back in the 1970's and the united states the government spends and regulated too much. when the economy slow down, the federal reserve at the time lower interest rates and tried to choose the economy. what we ended up with was inflation and slow growth. the fed cannot create jobs. all it can do is create money. eventually if you create too much money you create inflation, and that will harm the economy in long run. i sure hope we don't have qe for. cheryl: you can believe that they're going to...
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Sep 22, 2012
09/12
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one thing we want to remember is that the united states went through a period where there was a sharp contraction through government. i am talking about the end of world war ii. since we have this. brief and cutbacks in government spending, the recession was painful but very brief and then we entered into a period of prolonged prosperity. we can't afford deep cutbacks and spending. we cannot afford very big increases by taxation. gerri: big increases by taxation. will that create another recession? there are lots of signs that we are going there already. >> that is true. we had indications of a worsening of business activity in europe and china. this is beginning to hurt u.s. exports. u.s. consumers and businesses, themselves, are shying away from major expenditures, especially business in terms of capital spending until fiscal cliff uncertainties are resolved. we are not going to resolve those uncertainties until we get the election out of the way. that is why these upcoming presidential debates and october will be of the utmost importance and they very much they have the power to mo
one thing we want to remember is that the united states went through a period where there was a sharp contraction through government. i am talking about the end of world war ii. since we have this. brief and cutbacks in government spending, the recession was painful but very brief and then we entered into a period of prolonged prosperity. we can't afford deep cutbacks and spending. we cannot afford very big increases by taxation. gerri: big increases by taxation. will that create another...
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Sep 11, 2012
09/12
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out the unit because it puts feet on the ground for mr. obama when he's running for office. >> peter, i knew you would speak your mind. i wasn't worried about that. thank you for coming on tonight. >> take your. gerri: if you are fired up about this or any other issues on the program, drop me an e-mail at gerri@foxbussiness.com. >> coming up on "the willis report", solar installations are soaring in the u.s. but what is the key for taxpayers? with their dollars on the line. gerri is following every cent. the streak is over as president obama tops ronnie's fundraising last month. it is this just a blip in the money race or should the romney team start to worry? our political panel reacts. as we move closer to election day, this documentary has become a blockbuster hit. the author of gerri: a new report out today from the solar industry tracks a surge in the use of solar panels. u.s. solar installation more than doubled in the second quarter of this year. and the report said it's up 116%. in total, the u.s. has 57 megawatts of solar capacity
out the unit because it puts feet on the ground for mr. obama when he's running for office. >> peter, i knew you would speak your mind. i wasn't worried about that. thank you for coming on tonight. >> take your. gerri: if you are fired up about this or any other issues on the program, drop me an e-mail at gerri@foxbussiness.com. >> coming up on "the willis report", solar installations are soaring in the u.s. but what is the key for taxpayers? with their dollars on...
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Sep 26, 2012
09/12
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this isn't like the united states. you're talking about multiple governments that have to make adjustments to get that money, that's big tax cuts -- sorry, big tax increases, spending cuts, major, major changes for countries that don't want to do it like greece. so i think the bottom line is, listen, headline risk is going to continue, i think it gets worse. i think greece will leave the union. i think where we need to really look is china. i think the quietness in china, the deterioration that's slowly happening is way more of a risk than a deterioration in europe. cheryl: why do you say that? china still has an 8% growth rate, i mean, the poor chinese. i mean, come on. [laughter] that's great! >> i mean, again, okay, price talks, right? they can quote all the gdp numbers they want, but price talks. when you see steel dropping, markets dropping, three-year lows, you can give those gdp numbers out, i just don't buy it. cheryl: all right. you wouldn't be the first one, i think i've made that comment before. [laughter] o
this isn't like the united states. you're talking about multiple governments that have to make adjustments to get that money, that's big tax cuts -- sorry, big tax increases, spending cuts, major, major changes for countries that don't want to do it like greece. so i think the bottom line is, listen, headline risk is going to continue, i think it gets worse. i think greece will leave the union. i think where we need to really look is china. i think the quietness in china, the deterioration...